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Feb 20, 2014

BAE Systems agrees pricing on Saudi Eurofighter deal

British defence contractor BAE Systems has finally agreed pricing with Saudi Arabia on its long-delayed Eurofighter Typhoon jet deal.
The original contract, had to be renegotiated after Saudi requested more advanced weaponry and equipment for the Typhoon fleet.
The saga has been watched closely by countries such as Bahrain, Qatar and Malaysia as they weigh up the Typhoon against competitors including Lockheed Martin's F-35, Dassault Aviation's Rafale fighter and the Gripen made by Sweden's Saab.
With the deal price finalised, BAE and Saudi Arabia are now likely to begin talks on a second batch of Eurofighters, which could bring an order for up to 72 more aircraft.
reuters

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